A Quote by Joseph Stiglitz

The decision-making process in the White House does not let most issues get up to the President. The Council thought opening up global markets to derivatives that would destabilize other countries wasn't likely to create a lot of jobs in the U.S. and might adversely affect U.S. interests by causing global economic instability.
Unlike national markets, which tend to be supported by domestic regulatory and political institutions, global markets are only 'weakly embedded'. There is no global lender of last resort, no global safety net, and of course, no global democracy. In other words, global markets suffer from weak governance, and are therefore prone to instability, inefficiency, and weak popular legitimacy.
America can win the global energy race of the future, but only if we act boldly. We can and should seize the massive economic opportunity of leading the world in clean energy, by making investments that would create countless high-paying jobs and clean up our air and water in the process.
Global cooperation - dealing with other countries, getting along with other countries - is good. It's very important. But there is no such thing as a global anthem, a global currency, or a global flag.
The global economic outlook remains fragile and uncertain. Global economic imbalances persist and we must address them or risk future instability.
The economic borderlines of our world will not be drawn between countries, but around Economic Domains. Along the twin paths of globalization and decentralization, the economic pieces of the future are being assembled in a new way. Not what is produced by a country or in a country will be of importance, but the production within global Economic Domains, measured as Gross Domain Products. The global market demands a global sharing of talent. The consequence is Mass Customization of Talent and education as the number one economic priority for all countries
Oil is a tangible commodity, so there is a global market. The fact that we may need less may affect the global price because we're big consumers: we probably take about a quarter of global demand. But if suddenly, let's just use a crazy example, fighting in the Middle East led to the closure of the Strait of Hormuz and no oil could get out through the Strait of Hormuz, well that would affect China, India, Europe, it will affect the whole global economy. It will affect us, too, then.
To open up new markets and create American jobs, we need to make global bilateral free trade agreements a priority as they were under the Clinton administration.
I would say ... that moving jobs overseas is a reality of global competition, ... If you come from Pennsylvania, we've lost a lot of jobs from global competition. I think that's just a truth, if you will.
Global interdependence today means that economic disasters in developing countries could create a backlash on developed countries.
Global markets must be balanced by global values such as respect for human rights and international law, democracy, security and sustainable economic and environmental development.
The United Nations has an irreplaceable role in dealing with global issues. While other international bodies play important roles, the U.N. is the only truly global arena where we can achieve results for the global good.
I have a lot of interests in global issues, as you know, humanity, inequity, arms control, and I continue to be active on all these issues.
Relations between the United States and other countries, and our role as a global leader, are advanced by our willingness to help other countries in need. Foreign aid is essential to protecting U.S. interests around the world, and it is also a moral responsibility of the wealthiest, most powerful nation.
The U.K.'s relationship with China is strong, growing and delivering benefits for both our countries. As permanent members of the U.N. Security Council, we are working together to tackle global issues of the 21st century.
Now, here's a good question: should serious people focus on global political instability - terrorism, failing states, nuclear weapons - or should we focus on global climate instability - droughts, floods, extreme weather? Here's the correct answer: yes, both, because climate disruption will make every other national security problem worse.
You as the press secretary have to protect the president's interests and the White House's interests more broadly. And a lot of people inside the White House, as you learned, sometimes with painful experience, have competing agendas, have differing points of view, have priorities they're trying to protect.
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